Economic Confidence Is Plummeting

Washington Post: “Americans’ confidence in the economy has hit a nearly four-year low, according to a new poll, underscoring a growing problem for Republicans ahead of the midterm elections as President Donald Trump struggles to deliver on his campaign pledge to make life more affordable.”

“Just 16 percent of U.S. adults rate the economy ‘excellent’ or ‘good,’ according to the Gallup poll, which was released Friday. An additional 34 percent rate the economy as ‘only fair,’ while 49 percent say it is ‘poor.'”

“Economic confidence has declined steadily in recent months among Americans across the political spectrum, as the war in Iran drives a sharp increase in inflation and gas prices. Three out of four Americans say economic conditions are getting worse.”